Chris Perruna

The Most Dangerous Place to Get Investing Advice

I guess this author never heard of market wizards - some of the wealthiest men and women on earth have gotten to that position using technical analysis, position sizing and risk management. I suggest you read the book - some of the world's wealthiest explain that they didn't make the "big money" as in millions and then billions until they ditched pure fundamental analysis and turned to technical analysis using expectancy calculations. It's pure fact, not the fairy tale above. In my own experience, it works and my personal wealth has grown significantly since I combined the two (fundamental and technical tools).

The problem is that 95% of the so-called investors out there don't use technical analysis properly. Predictions are for the novice!